I've followed the last 2 NamesCon auctions, one of which took place early this year and was called "NamesCon Europe" and the other which took place in 2018 and was called "NamesCon Global". I have not attended any of these events in person but I hear it is a great place to connect. I have however, submitted domains to the auction which did not sell but probably because the price was a little high as I had just acquired them but also the commission was 25%! One domain was a 2 letter .net which I did later sell for a small profit to another investor.
I am considering listing a very small selection of premium .coms and a premium .net for the upcoming NamesCon Global auction due to take place in January 2020. These names are of top quality and although the auction would provide great exposure, I am wondering if this is a good place to list. Many on NamePros called the NamesCon Europe auction a failure due to low turnout / low bidding. If turnout and bidding activity is low, leading to low high bids, could this portray a premium domain in a negative light? Also is the 25% commission a bit too high? I know you can set your reserve to whatever you would be happy with but an extra 10-15% on top of a standard commission can scrape away your chances of a profitable sale.
Anyway, I'm not trying to be negative, if I was I'd not be considering listing my domains there. I mean Super.com sold for $1.2M as a consequence of NamesCon so clearly there is a chance of a big sale to be made.
I'm adding a simple poll to get your thoughts on whether the NamesCon auction is a good place to list premium names (one word .coms, 2-3 letter .coms, 2 letter .nets, etc).
Also if you are planning on listing your names at NamesCon it would be great to see the list in the comments!
thanks,
CK
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